Underwood at a glance
7,651
People
$1,365,000
Median sale
$727/wk
Median rent
2.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
$880,000
Last sold
30 Apr 2024
3
Bedrooms
2
Bathrooms
3
Car spaces
607 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$880,000
30 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Underwood (last 5 years) with land size have a median of $1,692/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Underwood at a glance
7,651
People
$1,365,000
Median sale
$727/wk
Median rent
2.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Underwood
-35.5%
Median sale
Suburb $1,365,000
+1.53 pp
Gross yield
Suburb 2.77%
Suburb median $1,365,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $727/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Underwood at a glance
7,651
People
$1,365,000
Median sale
$727/wk
Median rent
2.77%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Red Rocket RealtySet on a spacious 607m2 block on a street full of house proud owners, this rendered high-set home is ready for a new owner to move right in. Situated in an excellent location close to schools and shops, it's the layout of the home that lends itself to unparalleled versatility.
The ground floor unveils a grand lounge area, seamlessly flowing into the backyard oasis, alongside with two extra rooms, a secondary living space, and a well appointed bathroom. This level transcends mere living space, offering boundless potential as a large home office, an inviting haven for extended family members, or an exclusive retreat for discerning teenagers.
Ascend to the upper level, accessible via the comfort of the external or internal staircase. Here, opulence abounds with timber flooring gracing every inch, infusing the interiors with a timeless allure. Multiple living areas grace this floor, one boasting ample room for a banquet-sized dining table, while the other one is complemented by vistas of the verdant backyard and seamless connectivity to the lower level.
Nestled between these living domains lies a well appointed kitchen, replete with abundant cabinetry, expansive countertops, appliances including dishwasher, and a convenient service hatch facilitating effortless entertainment. Three sumptuous bedrooms, a palatial bathroom featuring a standalone shower and indulgent bathtub, and a separate toilet complete this level, promising unparalleled comfort and convenience.
Step outside to discover a meticulously manicured front yard, adorned with lush garden beds and verdant lawn, accompanied by a concrete driveway, single-car garage, and gated side access—an ideal haven for additional vehicles or recreational equipment. The rear retreat beckons with a sprawling lawn for youthful frolics and a fenced in-ground pool for entertaining.
UPSTAIRS
* Three good sized bedrooms
* Spacious kitchen with ample storage and bench space including dishwasher
* Main bathroom with separate shower, bathtub & toilet room
* Timber flooring throughout upstairs
* Split Air Conditioning Systems in living area
DOWNSTAIRS
* Large rumpus room with extra room. This area could equally serve as a large home office space.
* Second bathroom
* Separate laundry area
* In-ground swimming pool with quality landscaping
* Large cemented undercover area
* Single lock up garage with separate workspace
* Side access driveway
* Garden shed
Locational features
* 2 min drive/ 650m from Underwood Marketplace
* 5 min drive from the Arndale Shopping Centre in Springwood
* 4 minute drive from the north bound M1 on-ramp (20 minute drive to the city)
* 5 minute drive from the south bound M1 on-ramp (20 minute drive to the northern Gold Coast)
* 5 minute drive/ 20 minute walk to the future Rochedale South bus interchange on the south-east busway (currently under construction)
Properties with rare and high-quality features like these don’t last long, so be sure to book your inspection with Parnam Singh today!
Listing description written by Parnam Singh Heir, Red Rocket Realty — reproduced as published, not verified by Districts.